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UK REA stresses importance of biomass power in meeting net zero goals

SOURCE: Google Maps

May 21, 2024

BY Erin Krueger

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Treasury, IRS released proposed 45Z regulations

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By Erin Krueger

5 hours ago

Policy Business Sustainable Aviation Fuels 

The U.S. Department of Treasury and IRS on Feb. 3 released proposed regulations for the 45Z clean fuel production tax credit, as updated by the One Big Beautiful Bill in mid-2025. A public comment period is scheduled to be open for 60 days.

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The U.S. exported 891,093.3 metric tons of wood pellets in November, up from 814,292.2 metric tons in October and 874,171.2 metric tons in November 2025, according to data released by the USDA Foreign Agricultural Service on Jan. 29.

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Arva on Jan. 27 announced the expansion of its biofuels offering to support biofuel producers as they operationalize the 45Z Clean Fuel Production Credit.

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Takuma Corp. on Jan. 22 announced Yonezawa Bioenergy LLC’s 7.1-megawatt (MW) biomass power plant in Yonezawa City, Yamagata Prefecture, Japan is now operational. Yonenawa is a joint venture between Takuma and Iwahori Construction Co. Ltd.

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SAF producer XCF Global Inc. and DevvStream Corp., a caron management and environmental asset monetization firm, on Jan. 26 announced that they have agreed to a binding term sheet to combine Southern Energy Renewables Inc. in a three-party merger.

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